REAL CONSULTATION RECEIVED FROM A NEW CHINESE INVESTOR: “I WANT TO START AN EXPORT-IMPORT BUSINESS IN IN ALICANTE (SPAIN). SHOULD I ESTABLISH A LIMITED COMPANY OR ALTERNATIVELY TO REGISTER AS “FREELANCE” SELF-EMPLOYED PERSON? OUR ADVICE, “PART II”:

Dear Readers,

Last week, I posted the first part of this article, where we briefly considered the advantages and disadvantages of registering as a self-employed vs setting up a limited company versus. (Should you be interested in reading the whole article, please kindly visit our facebook page; https://www.facebook.com/ricorabogados).

In this second part, we are going to describe in a nutshell, the compulsory steps required in order to establish a limited company in Spain:

The Directors must grant sufficient power of attorney to the Solicitor who is to incorporate the company

The Directors must apply for the N.I.E

Request of name availability certificate from the Central Companies Register

Request of the company’s provisional Tax Identification Number (C.I.F)

To open a bank account for the initial wire transfer of the 3.000 Euros capital as well as obtaining the required certificate from the bank

We are currently helping an increasing number of international corporate clients interested in investing in Spain ( Real Estate, Import and Export, etc) and we are incorporating companies in less than one month and for a very competitive fee.

Therefore, should you ever need a reliable, 100% independent, honest, cost effective and efficient English speaking Spanish solicitor, to help you with the company formation, (or with any other legal problem), make sure you bookmark this page, visit our websites: www.ricorabogados.com and www.englishsolicitorinspain.com

or alternatively, please do not hesitate to contact us by e-mail at ricorsolicitors@yahoo.co.uk

Remember that you can also follow us in Linkdin or by visiting our google business page: https://plus.google.com/u/0/b/101699650134478147323/101699650134478147323/posts

Thank you very much for your kind attention and we look forward to helping you!

Mr Oscar Ricor

“NON-PRACTISING ENGLISH SOLICITOR IN ENGLAND AND WALES”, under the “Solicitors Regulation Authority” (SRA) SRA number 519196 and practicing Spanish Solicitor Nº1247